HOUSE JOINT RESOLUTION 10
54th legislature - STATE OF NEW MEXICO - second session, 2020
Cathrynn N. Brown
A JOINT RESOLUTION
PROPOSING AN AMENDMENT TO ARTICLE 8 OF THE CONSTITUTION OF NEW MEXICO TO LIMIT APPROPRIATIONS OF MONEY DERIVED FROM TAXES, SURCHARGES AND FEES IMPOSED ON MOTOR VEHICLE FUELS TO USES FOR PURPOSES OF PUBLIC ROAD OR TRANSIT PROJECTS, ADMINISTRATION, PAYMENT OF DEBT SERVICE ON HIGHWAY BONDS, COMPLIANCE WITH FEDERAL HIGHWAY AID REQUIREMENTS OR OTHER PURPOSES CURRENTLY AUTHORIZED BY LAW.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. It is proposed to amend Article 8 of the constitution of New Mexico by adding a new section to read:
"Money derived by the state, a county or a municipality from a tax, surcharge or fee imposed on motor vehicle fuels shall be appropriated only for:
A. administration of a law imposing the tax, surcharge or fee on motor vehicle fuels;
B. payment of debt service on highway bonds;
C. complying with federal highway aid requirements;
D. planning, engineering, construction, improvement or maintenance of public highways, roads, streets or bridges;
E. public transit projects; provided that no more than twenty-five percent of money derived from a tax, surcharge or fee imposed on motor vehicle fuels pursuant to a law enacted after the date of adoption of this amendment may be used for public transit purposes; or
F. another purpose pursuant to a law in effect on the date of adoption of this amendment; provided that the rate of tax or the amount of surcharge or fees from which the money for the purpose is derived and appropriated shall be no more than the rate or amount then in effect."
SECTION 2. The amendment proposed by this resolution shall be submitted to the people for their approval or rejection at the next general election or at any special election prior to that date that may be called for that purpose.
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